Investors should look beyond the biggest winners in the AI boom and bet on overlooked stocks, according to Causeway Capital Management Chief Executive Officer Sarah Ketterer.

Distressed-debt hedge funds Diameter Capital Partners, Redwood Capital and FourSixThree Capital bought about $190 million of Brightline’s municipal bonds from Nuveen this week, according to people familiar with the matter.

Zipline is in talks to raise around $1 billion in a funding round that would value the drone delivery and logistics startup at roughly $20 billion, nearly tripling its previous valuation.

Two Sigma Investments co-founder John Overdeck testified in his divorce trial that maintaining equal control of the quantitative hedge fund with co-founder David Siegel is a “principal concern” for him in any division of marital assets.

Two Sigma Investments’ billionaire co-founder John Overdeck said the quantitative hedge fund group lost a “major investor” due to his feud with co-founder David Siegel.

A spate of well-known hedge funds reported steep losses in July as AI shares tumbled, most notably forcing the highly leveraged Situational Awareness to sell most of its stock portfolio at a deep discount to Ken Griffin’s Citadel.

Whale Rock Capital Management’s flagship hedge fund is one of the biggest losers in last month’s AI selloff, with a 21.7% drop in July erasing about half of its gains for the year.

It’s practically an adage on Wall Street by now: You know you’re in trouble when Ken Griffin calls.

Lone Pine Capital posted a 43% gain for its hedge fund investors through June, notching one of its best-ever starts to a year and landing it among 2026’s top performers.

Stephen Miran, a former Federal Reserve governor, is rejoining hedge fund Hudson Bay Capital Management as a senior strategist.

Magnetar Capital, the $18 billion hedge fund firm, will shun human analysts for its newest offering and instead deploy hundreds of AI bots to research stocks.

Elliott Investment Management hired former Blackstone Inc. executive Teresa Sweeney to run the roughly $80 billion hedge fund firm’s global research and data science group.

Hedge fund veteran Ricky Sandler is shuttering Eminence Capital and returning investor cash after a 27-year run, telling clients it hasn’t performed well enough in recent years to keep operating.

Instacart co-founder Apoorva Mehta launched a hedge fund that relies on an army of artificial intelligence agents, one of the few using that technology to essentially replace fundamental portfolio managers.

Divya Nettimi’s stock-picking hedge fund Avala Global soared 15% in the first two-and-a-half weeks of April, erasing March losses after snapping up artificial intelligence bets at a discount.

D1 Capital Partners’ equities book tumbled 6% in March, according to people familiar with the matter, making Dan Sundheim’s firm one of the worst-performing stock-pickers that month.

A highly shorted stock. A shrinking pool of shares available to trade. A price that keeps climbing.

Two Sigma Investments’ biggest hedge funds generated standout returns during a frantic month for markets, edging out peers even as the firm grapples with executive infighting.

OpenAI shares have fallen out of favor on the secondary market — in some cases becoming almost impossible to unload — as investors pivot quickly to Anthropic, its biggest competitor.

OpenAI shares have fallen out of favor on the secondary market — in some cases becoming almost impossible to unload — as investors pivot quickly to Anthropic, its biggest competitor.